Arianna Huffington made $21 million from HuffPost sale
In the 2011 sale of The Huffington Post to AOL, Arianna Huffington walked away with a total of $21 million, according to an internal AOL memo published today on The Smoking Gun. That number is much lower than was earlier speculated, The Smoking Gun reports.
The memo was part of a court filing last week in Peter Daou and James Boyce's ongoing lawsuit against Huffington, Kenneth Lerer and the publication. Daou and Boyce claim the idea of the site was theirs.